Tag: Facebook
UK Fines Facebook $69M For Breaching Order During Giphy Probe
Social media giant Facebook has been fined £50.5 million (US$69.1 million) for breaching an order imposed by the UK Competition and Markets Authority (CMA) during its...
Russian Court Tells Bailiffs To Collect Facebook Fines
A Moscow court told state bailiffs on Thursday, October 7, to enforce the collection of 26 million roubles (US$361,400) in fines imposed on US...
EU’s Vestager Says Major Facebook Outage Proves Need For Competition
Facebook's six-hour outage the previous day shows the repercussions of relying on just a few big players and underscores the need for more rivals, EU...
Blumenthal Says Facebook Whistleblower’s Allegations Should Be Probed By Regulators
US lawmakers questioned Facebook on Tuesday, October 5, accusing Zuckerberg of pushing for higher profits while ignoring user safety, reported Reuters. They also demanded that regulators...
Facebook Asks Court To Dismiss FTC’s Amended Complaint
Facebook on Monday filed a motion to dismiss the Federal Trade Commission's amended antitrust complaint against the social network, reported The New York Times.
The amended...
Facebook Questions Attorneys Working On A Prospective Antitrust Class Action
Lawyers for Facebook on Wednesday, September 29, questioned the number of plaintiffs' attorneys working on a prospective antitrust class action, suggesting "inefficiencies" could grow as the...
UK OKs Facebook’s Kustomer Buy
The UK’s competition watchdog has cleared Facebook’s acquisition of Kustomer, a maker of CRM tools.
The purchase was announced last November, with a price tag...
Russia Fines Facebook & Twitter, Again
A Russian court on Tuesday, September 14, stated it had fined US social media companies Facebook and Twitter for failing to delete content that...
New Study Says Antitrust Bills Put US Security At Risk
Bipartisan antitrust legislation aimed at Amazon, Apple, Facebook, and Google could hurt US competitiveness and give foreign adversaries access to sensitive information, according to a...
Italy Data Watchdog Wants More Info From Facebook On Smart Glasses
Italy's data protection authority announced on Friday, September 9, it has asked Facebook to provide clarifications over the social media giant's newly launched smart...
